Sea World Offer Closed

SEA WORLD PROPERTY TRUST 2001-07-24 ASX-SIGNAL-G
HOMEX - Brisbane
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At the close of their Offer on Monday 23 July 2001, Warner Bros and
Village Roadshow held a relevant interest in 85.65% of the units in
Sea World Property Trust.
During the Offer, over 3,800 unit holders representing 35.9 million
units accepted the Offer.
As the Bidders did not reach the relevant threshold, compulsory
acquisition will not proceed.
For further information:
Simon Dighton or Marcus Fletcher
Merrill Lynch International (Australia) Limited
Advisers to the Bidders
Tel: (03) 9659 2536
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